Lindsay Sauls (CRD #7737505) Was Fired After Allegations

Lindsay Sauls (CRD #7737505) has been the subject of disclosure events reported on Lindsay Sauls’s FINRA BrokerCheck. According to Lindsay Sauls’s FINRA BrokerCheck report accessed on January 14, 2026, Lindsay Sauls has been the subject of one termination disclosure. If you invested with Lindsay Sauls and you have concerns about her activity, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment separation after allegations

Lindsay Sauls FINRA BrokerCheck report reflects an employment separation after allegations reported by Thrivent Investment Management Inc. The report states that Lindsay Sauls was discharged on December 2, 2025, and that the firm reported the termination was for a violation of the firm’s policies regarding the use of social media. The product type is listed as “No Product.”

Rule summary #1: FINRA Rule 2210 (Communications with the Public)

FINRA Rule 2210 governs broker-dealers’ communications with the public, including certain business-related social media content. Among other requirements, the rule includes standards for fair and balanced communications and requires principal approval of many retail communications before use (subject to exceptions for certain interactive content).

Rule summary #2: FINRA Rule 3110 (Supervision)

FINRA Rule 3110 requires member firms to establish and maintain a supervisory system reasonably designed to achieve compliance with applicable securities laws and regulations and FINRA rules. In practice, that includes having procedures and oversight mechanisms to supervise associated persons’ business-related communications, including on social media, consistent with the firm’s policies and applicable rules.

Why this matters to investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation designed to strengthen the standard of conduct that broker-dealers owe to retail investors when making recommendations about securities transactions or investment strategies. Adopted by the U.S. Securities and Exchange Commission and effective as of June 30, 2020, Reg BI aims to enhance investor protection while preserving investor access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in the best interest of the retail customer at the time a recommendation is made, and not to place their own financial or other interests ahead of the customer’s. This represents a higher standard than the historical “suitability” requirement, which only required that recommendations be suitable, not necessarily optimal or conflict-free.

Reg BI is built around four key obligations:

1. Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and recommendations, including fees, scope of services, and conflicts of interest.
2. Care Obligation – Recommendations must be made with reasonable diligence, care, and skill, considering costs, risks, and alternatives.
3. Conflict of Interest Obligation – Firms must identify, disclose, and mitigate or eliminate conflicts, particularly those that create incentives to favor one product over another.
4. Compliance Obligation – Firms must establish policies and procedures designed to ensure compliance with Reg BI as a whole.

Importantly, Reg BI applies at the recommendation level, not as a continuous duty like the fiduciary standard applicable to registered investment advisers. Still, it significantly narrows the gap by emphasizing cost considerations, conflict management, and investor-focused decision-making.

Overall, Regulation Best Interest seeks to promote transparency, improve the quality of investment recommendations, and reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background information (from BrokerCheck)

Based on her BrokerCheck Report, Lindsay Sauls reportedly:

• Is not currently registered with a brokerage firm.
• Has passed the Series 7, SIE, and Series 66 exams.
• Was previously registered with Thrivent Investment Management Inc.

Kurta Law Can Help

If you have worked with Lindsay Sauls and you have concerns about her activity, Kurta Law may be able to help you evaluate potential recovery options. You may be entitled to pursue a claim through FINRA arbitration, depending on the facts of your situation and the investments involved. Contact Kurta Law at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

Helpful resources: Form U5 | Stockbroker Fraud

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable—because investors should not have to sit quietly while alleged misconduct and securities fraud go unchecked. Start your recovery process today.